PRICE® Systems Webinar on July 30 Will Introduce TruePlanning® Space Missions Catalog in Support of NASA’s Discovery Program

Chief Scientist Arlene Minkiewicz will demonstrate new cost estimating software for responding to NASA’s recent AO Solicitation Number NNH14ZDA009J addressing future Discovery missions

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Mt Laurel, NJ (PRWEB) July 24, 2014

PRICE® Systems LLC, pioneer in the science of parametric estimating and developer of PRICE® TruePlanning®—the global standard for accurate cost estimating— will host a live webinar introducing the TruePlanning® Space Missions Catalog on Wednesday, July 30, 2014 at 1:00 p.m. EST. This catalog of cost models used by NASA to evaluate RFP submissions has been migrated into PRICE’s TruePlanning® Framework for commercial availability in support of NASA’s Discovery Program. The PRICE software, including training and support, is tailor-made to assist specifically in responding to NASA’s Announcement of Opportunity (AO) Solicitation Number NNH14ZDA009J, which was released July 2, 2014 for future Discovery missions.

The TruePlanning® Space Missions Catalog enhances NASA’s Space Missions Model, previously known as the “Chicago Cost Model” or “ChiCoMo”, with ten new cost objects. The model has been evolving since it was created in 1973 by NASA consultants Shawn Hayes and Mark Jacobs, using PRICE® Systems’ technology for Phase B (Formulation) through Phase C/D (Implementation) cost estimates for robotic Earth and Space Science Missions.

Arlene Minkiewicz, Chief Scientist at PRICE® Systems, will demonstrate how a TruePlanning® Space Missions Catalog user can leverage the framework to conduct a cost analysis for an entire space mission, including spacecraft and payload.

This webinar will feature:
▪ Brief Overview of TruePlanning® Framework
▪ History and Evolution of the Space Missions Model
▪ Demonstration of PRICE’s implementation of the model in TruePlanning®
▪ Case Study using the Space Missions Catalog on a recent NASA mission

TruePlanning® for Space Missions will be officially released on August 1, 2014.

For more information on the TruePlanning® Space Missions Catalog Webinar, visit http://www.pricesystems.com/emails/webinars/2014-07-30/email.html.

About PRICE® Systems

PRICE Systems provides more than 40 years of cost estimating software expertise across a wide variety of market applications and business needs—from aerospace and defense program planning and budgeting to design studies, bids, and proposals for new hardware, software, and microelectronic components. Today, PRICE cost models developed from more than 21,000 projects, plus ongoing PRICE research into refining how those models reflect realistic costs, and PRICE frameworks for integrating client-specific cost histories into new estimating efforts, put PRICE Systems at the forefront of cost estimating and cost management solutions.

About NASA’s Discovery Program

NASA's Discovery Program gives scientists the opportunity to dig deep into their imaginations and find innovative ways to unlock the mysteries of the solar system. The philosophy of the program is to solicit proposals for an entire mission. The program seeks to keep performance high and expenses low by using new technologies and cost caps. The cost for an entire mission (design, development, launch vehicle, instruments, spacecraft, launch, mission operations, data analysis, education and public outreach) must be less than $425 million. The development time from mission start to launch can be no more than 36 months. The call for proposals is done through a NASA Announcement of Opportunity (AO) that can be found on the NASA Solicitation and Proposal Integrated Review and Evaluation System (NSPIRES) website under "Solicitations."


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